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1930's - 1940's International Mercantile Marine Stock
- Quantity Credit Card Wire
- 1+ $29.95 $29.07
The “Titanic” Stock Certificate
Quick; what do J.P. Morgan and the RMS Titanic have in common? If you said that the eminent American financier was the owner of the famous passenger ship you get a gold star – or in this case, it would be a White Star. As most everyone knows, the Titanic was owned by the White Star Line, but what most people don’t know is that J.P. Morgan actually purchased the famous shipping company in 1902 through his International Mercantile Marine Company (IMMC), a trust company bankrolled by Morgan in an attempt to monopolize the shipping trade by combining several shipping lines.
Unfortunately for Morgan, he overestimated potential profits and ended up paying way too much to acquire many of the shipping lines. It didn’t help that Titanic sank after striking an ice berg on its maiden voyage in 1912 and her sister ship RMS Britannic sank in 1916 after hitting a mine during World War I. During its heyday, however, IMMC ships carried hundreds of thousands of passengers and the company was able to schedule a ship per day departing from Great Britain. Many of the passengers aboard those ships were immigrants sailing from Europe in hopes of finding a better life in America.
These official IMMC Stock Certificates issued during the 1930s and 1940s from the later years of IMMC’s existence capture the glory years of the amazing enterprise created by the man hailed as America’s “greatest banker.” Each certificate displays a Titanic-style ship in a scene that shows the massive ship departing for a long ocean voyage. These pieces of history will make a wonderful gift for those interested in marine or business history or a spectacular display in your home or office. Order now, dates vary.